[Graham]

My first thought is that £20 million was not a great deal of investment money to come up with these days, so quite surprised that the company did not get taken over by a competitor, perhaps Carrera, SCX or even Ninco etc, perhaps worth it for market share ? so I assume that this was a deal between friends......
The 2nd thing I notice was the £8.5 million cash up front, presumably this was to pay off the bad depts which Scalextric had acrued, quite unbelievable this as I worked for a good few commercial enterprises the past and none of them would have tolerated that level of bad dept relative to the annual sales income. So I assume the new owner will impose quite different Credit rules on their customers which might hurt a few retailers.

The name choice is interesting, "Scalextric Motorsports Ltd" does this imply a change of direction towards more competition based club level models, and is at the demise of the Novelty type TV type models....... Also Mark's words on "expanding into new areas of motorsport" is enticing, umm are karting and Raid models back !!